What is the current salary threshold for paying personal income xem bóng đá trực tiếp trên youtube without dependants in Vietnam?
What is the current salary threshold for paying personal income xem bóng đá trực tiếp trên youtube when there are no dependants in Vietnam?
According to Clause 2, Article 2 ofCircular 111/2013/TT-BTC, amended and supplemented by Clause 1, Article 11 ofCircular 92/2015/TT-BTC, the taxable income is specifically defined as follows:
Taxable Income
…
- Income from wages, salaries
Income from wages and salaries is income received by employees from employers, including:
a) Wages, salaries, and other payments of a wage or salary nature in monetary or non-monetary forms.
b) Allowances, subsidies, except for the following:
b.1) Monthly preference subsidies and one-time payments in accordance with the laws on preferential treatment for persons with meritorious services.
…
And according to Article 1 ofResolution 954/2020/UBTVQH14, the family circumstance deduction is regulated as follows:
Family Circumstance Deduction
Adjust the family circumstance deduction as stipulated in Clause 1, Article 19 of the Law on Personal Income xem bóng đá trực tiếp trên youtube No. 04/2007/QH12, amended and supplemented by Law No. 26/2012/QH13, as follows:
- The deduction for the taxpayer is 11 million VND/month (132 million VND/year);
- The deduction for each dependant is 4.4 million VND/month.
Thus, according to the above regulations, an individual without dependants is required to pay personal income xem bóng đá trực tiếp trên youtube when having a total income from wages or salaries exceeding 11 million VND/month.
What is the current salary threshold for paying personal income xem bóng đá trực tiếp trên youtube without dependants in Vietnam? (Image from the Internet)
Where shall taxpayers submit their xem bóng đá trực tiếp trên youtube declaration dossiers in Vietnam?
According to Article 45 of theLaw on xem bóng đá trực tiếp trên youtube Administration 2019, specific regulations regarding the place to submit xem bóng đá trực tiếp trên youtube declaration dossiers are as follows:
- Taxpayers submit xem bóng đá trực tiếp trên youtube declaration dossiers at the xem bóng đá trực tiếp trên youtube authority directly managing them.
- In cases where xem bóng đá trực tiếp trên youtube declaration dossiers are submitted through a one-stop inter-agency mechanism, the place for submission follows the regulations of that mechanism.
- The place for submitting xem bóng đá trực tiếp trên youtube declaration dossiers for exported and imported goods follows the Customs Law.
- The Government of Vietnam regulates the place for submitting xem bóng đá trực tiếp trên youtube declaration dossiers in the following cases:
+ Taxpayers with multiple production and business activities;
+ Taxpayers conducting production and business activities in multiple areas; taxpayers with xem bóng đá trực tiếp trên youtube obligations arising from taxes declared and paid per occurrence;
+ Taxpayers with xem bóng đá trực tiếp trên youtube obligations arising from income related to land, water resource exploration rights, and mineral resources;
+ Taxpayers with xem bóng đá trực tiếp trên youtube obligations resulting from individual income xem bóng đá trực tiếp trên youtube finalization;
+ Taxpayers who declare xem bóng đá trực tiếp trên youtube through electronic transactions and other necessary cases.
What income is currently exempt from personal income xem bóng đá trực tiếp trên youtube in Vietnam?
According to Article 4 of theLaw on Personal Income xem bóng đá trực tiếp trên youtube 2007, supplemented by Clause 3, Article 2 of theLaw amending xem bóng đá trực tiếp trên youtube Laws 2014and Clause 10 supplemented by Clause 2, Article 1 of theLaw on Amendments to Law on Personal Income xem bóng đá trực tiếp trên youtube 2012, specifies income exempt from xem bóng đá trực tiếp trên youtube as follows:
- Income from real estate transfer transactions between spouses; biological parents and children; adoptive parents and adopted children; parents-in-law and daughters-in-law; parents-in-law and sons-in-law; grandparents and grandchildren; siblings.
- Income from the transfer of residential houses, residential land use rights, and assets attached to residential land of individuals in cases where an individual owns only one property.
- Income from the value of land use rights allocated by the State to individuals.
- Income from inherited real estate, gifts as real estate between spouses; biological parents and children; adoptive parents and adopted children; parents-in-law and daughters-in-law; parents-in-law and sons-in-law; grandparents and grandchildren; siblings.
Income of households and individuals directly engaged in agricultural, forestry production, salt making, and aquaculture activities not processed into other products or only rudimentarily processed.
- Income from the conversion of agricultural land allocated by the State for production purposes.
- Income from interest on deposits at credit institutions, interest from life insurance contracts.
- Income from remittances.
- Night shift or overtime wages paid higher than day shift or regular working hours as per legal provisions.
- Pension paid by the Social Insurance Fund; monthly pension paid by the voluntary pension fund.
- Income from scholarships, including:
+ Scholarships received from the state budget;
+ Scholarships received from domestic and international organizations under their scholarship programs.
- Income from compensation of life insurance, non-life insurance contracts, compensation for labor accidents, state compensation, and other compensations as per legal regulations.
- Income received from charitable funds authorized by competent state agencies to establish or recognize, operating for charitable, humanitarian, non-profit purposes.
- Income received from foreign aid for charitable, humanitarian purposes in the form of government and non-governmental organizations approved by competent state agencies.
- Income from salaries and wages of Vietnamese crew members working for foreign shipping companies or Vietnamese shipping companies on international routes.
- Income of individuals owning, or authorized to use ships; individuals working on ships from providing goods, services directly serving offshore fishing.
